Business travel spending surges to $1.5 trillion, driven by face-to-face meetings and eco-friendly trends.

Business travel is on the rise, with global spending expected to hit $1.5 trillion by 2024, up 6.2% from 2019. Key trends include a preference for face-to-face meetings and the growth of unmanaged travel, where employees book their own trips. Companies are adopting AI tools and direct billing to streamline booking processes. Sustainability is also a focus, with 78% of companies integrating eco-friendly options into their travel policies. Personalized and culturally immersive experiences are becoming more sought after, along with the trend of blending business and leisure.

3 months ago
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